Columbus McKinnon Corp has a consensus price target of $47 based on the ratings of 4 analysts. The high is $53 issued by JP Morgan on June 4, 2024. The low is $37 issued by JP Morgan on May 26, 2022. The 3 most-recent analyst ratings were released by JP Morgan, DA Davidson, and DA Davidson on June 4, 2024, February 5, 2024, and October 4, 2022, respectively. With an average price target of $47.67 between JP Morgan, DA Davidson, and DA Davidson, there's an implied 30.38% upside for Columbus McKinnon Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Columbus McKinnon (NASDAQ:CMCO) was reported by JP Morgan on June 4, 2024. The analyst firm set a price target for $53.00 expecting CMCO to rise to within 12 months (a possible 44.97% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Columbus McKinnon (NASDAQ:CMCO) was provided by JP Morgan, and Columbus McKinnon initiated their overweight rating.
There is no last upgrade for Columbus McKinnon
The last downgrade for Columbus McKinnon Corp happened on May 26, 2022 when JP Morgan changed their price target from N/A to $37 for Columbus McKinnon Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Columbus McKinnon, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Columbus McKinnon was filed on June 4, 2024 so you should expect the next rating to be made available sometime around June 4, 2025.
While ratings are subjective and will change, the latest Columbus McKinnon (CMCO) rating was a initiated with a price target of $0.00 to $53.00. The current price Columbus McKinnon (CMCO) is trading at is $36.56, which is within the analyst’s predicted range.
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